All deposits in Armenia’s banks valued at over AMD 1 364,7 bln in May, 2.4% up

Banks

YEREVAN, July 15./ARKA/. All deposits in Armenian commercial banks rose  in May  by 2.4% from April  to 1 364,7 billion drams, according to the Central Bank of Armenia.

Residents’ deposits valued at 1 016,9 billion drams (1.2% growth month over month), non-residents’ deposits- 330.4 billion drams (6.4% upturn).

The volume of AMD deposits of residents decreased  by 1.6% in May from April to about 370.6 billion drams.  Deposits in foreign currency increased by 2.8% to over 646.2 billion drams. As of May  2013, there are 21 commercial banks registered in Armenia. ($1 – 409.93 drams). —0-

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